KELVIN MBEWE, Chisamba
LUSAKA Water and Sewerage Company (LWSC) is working closely with Lusaka City Council to address the uncoordinated development taking place in some parts of the city, posing a challenge to water supply.
And the board has challenged the water utility company to reposition itself to ensure it makes profits to sustain its operations.
The board said the company’s financial situation has not been desirable, and shareholders have not been getting their dividends as they should.
LWSC board member Wilson Kalumba said this during the company’s strategic planning workshop yesterday.
“On the business front, the shareholders’ interest in any company is profit.
Over the years, the financial situation of the company has not been desirable. We must ensure we reposition the company so that it can start posting profits to sustain operations,” he said.
And Mr Kalumba said a strategic plan document should be owned by the board and senior management as they are responsible for the implementation of the plan.
He said planning for LWSC could not have come at a better time as the business environment has changed over the years.
And speaking at the same event, LWSC board chairman Paul Moonga said the growth of Lusaka city has come with challenges.
“You also know that the mandate of the company has been expanded to cover the entire Lusaka Province. But we must bear in mind that the growth must be managed properly. Growth is good but it also comes with its own challenges and, therefore, Lusaka Water and Sewerage Company must find a way of addressing this imminent challenge,” he said.
And Mr Moonga challenged participants of the workshop to come up with a viable document which will be implemented effectively.
“It does not help to have a good document which will not be effectively implemented. The board would like to see a paradigm shift in many facets of the operations of the company, and this planning meeting presents us all with that opportunity to trigger the change we would like to see,” he said.